Charlty Reglstratlon No. 1156782
Maktab Tarighat Oveyssi Shahmaghsoudi {School Of Islamic Sufism)
Annual report and unaudited flnancial statements
For the year ended 31 December 2023
GLOBAL
Loudoun Ro4
Stjohn's Wood
London NW8 ODL

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI ISCHOOL OF ISLAMIC SUFISM)
LEGAL AND ADMINISTRATIVE INFORMATION
H Aahba
11567B2
55 lO￿￿n P4)•d
St Jthn's VI￿)d
NW81
nk•
Y¢rkshlre 8•rtk
VI8 7RL
195 l￿d
N22 6DP
5olldtorn
ftussdl. Coth Sdkto
WCIR4&X

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI ISCHOOL OF ISLAMIC SUFISM)
Independerrtexamlrrfs r•rKxt
BalarKesheet
Note5tothe financkl slateff￿ts

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI {SCHOOL OF ISLAMIC SUFISM)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The tn*ees presertttrdrannual rEp)rtar￿lIn•rthl￿aIeMth￿fOrth*pare￿Ied 31 0￿ber2023.
The full name of the Charlty Is Mèktab Tar¥hat Shahmagh￿l (Sc￿￿ fA L%lamrc Sufisml. its r*8lst•Trd offlce and
prfnclpal operatln8addr0$5 15 23 Edlson Road, Crowh End. London, N8 ￿E. ￿ ts part of the ￿0bal ¢)rpnlsatlon wAth t￿ same
name lthegh)bal oryan15)tkn F￿n1fter as MTOI.
The flnandal statements betn prepHred In with the accouMin8 poltths set out In rK*e I to the financlal
ststsmtnts ar￿ corn￿ vAth the thjrlvs trurt dert the Chartves 2011 and and Rer•Jt5nt ty Cha￿t￿.
Statement of Pemrnmert￿ Prntkn to chafft*s WEparfng thek acwunts In aCCor(kn￿ wlth the Flnandal
Rewung S￿nda￿aPp￿tIble in the UK whd IFRS ￿1). leffedibt Ijan￿ry 20191.
The oblects are to esthbllsh the teachth& wactke arrtl athorten*nt of 1stsmTc rEl*n and educat5on In the Unlted
Klngdomznd else*there around the ¥thld In aCcOrdan￿T•[th the ty*ts•nd d￿trfrtes0fs￿Sm as pTrcticed * MTO.
The Charlty was forn￿ to tske tt* acii¥ttles oFthe rtosiued Chartt•bleTrust 1010542 t*thkh has the Same objects and
nèrne as thts CharItsb￿ Intorporated OrBan15atth The tran￿￿Ope1￿s whlth at the •nd of2014 has contlftued
7Atth onlya few remalnlng wrth the TnwL
The ao bs contlnuing the work oftheTn& In and edwatkn as a F44rtof Mro.Thts a programrr* of
ctwes and dasse5 In the UK IrKlth4lrg the aNlty ty host webra#s from London to stlthnts thro¥hout thè world. These
compllment the trmoadcasts of relatsd Nffo centr*S tlsewh¥e In Ewope and the Untted Ststes. The (tharity
'•rKounge the of Wjsrn at Unr￿[sIt*S al￿ otl*r ethntknnal 1ftstth￿ in the UK and to promote Inter4alth
actfvltles In bcal comm￿]11e>
check$.Tr￿ sesslom atso mad• available onlnefNtr*smallerUKfentre& Weekty trAiok readlngiroups¥Kre a150
estsblishÈdalknvingstudentstodlxu55Suft Ilterature in small
The Charity facllltated the dirtritwrtion of a ntw Und¥tt* InfiUen￿ as ￿11 as the WDductlon and distyibullon of
a ¥lrry4 and CD all￿rn ty MTO Zendeh Dekn. entthd Sufi bea￿ The Charity continwl its dwwitsbk and $UStsU￿bIlIty
effryts as ￿11 as wesenvre poety% Zekr and s￿ tIW￿¥h In pers(￿ includln8 partkapatkm ztth? F￿￿8*
FesU¥al In Au8llSt 2023.
As detsiied IA the St•ten*rt t4 Rnanclal pa¢e 5. 0￿r￿S Weser￿ at the yond amounted to £3,113,136
of Ul￿rkted fund5 and £21AlF￿ of restrkted fuTrJ& Th• ao hohl t*￿ reserwes and frjrther funds as they a
rece14ed as a buffer foroper4tin8 co￿ kn I￿rt￿)n are wBllab* to Sup￿ thcerttres abroad offUr￿ addlthxil
pn)¥eriits In the Uxfor hold1￿ n*eiin8sand ￿¢tyJ￿¥s reqthd.
The Charity. a Charitable 1r￿r￿)ftted w•$ • Charfty on 18th 14111 2014. Rts￿R￿n number.
A RezaÈS
E Almandl
H Rahbarf

MAI(fAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
TRUSTEES, REPORT (CONTINUED)
FOR THEYEAR ENDED 31 DECEMBER 2023
None of the Trustees have been dlrett benefidarles of the Charity durlre the year or ihe preceding year. No Trustees received
any remuneration from the Charity during the yearl3022- £Nill.
A Trurtee Is appolnted tsy ￿COMMendation of the Trt￿tee$, or by proposal of a Trustee entitled to ¥ore at a meeting of the
Charity.
Induthon and tralnln¢ polklesfor trusiees
The Charityfollows the guSdellnes provided by ihe Chadty COMMI￿On.
Responslb511ty otthe Trustees
The Trusiees are responsible for the mana8emet)t of the Charlty and lor the furtherance of the objerts for whlch it Is
established. Trustees rneet on a regular basis io di5CUSS the affairs ol tht Charity. The statemeni d Trustees, re5wn5Ibllities Is
on page 3.
Investment Powery
The Trustees may invest the monles Of thè Charlty not Immedlatety requlred for Its purposes in or upon $u¢h Investment5,
securlttes or property as may be thou8hi lit.
Publ1¢ Benefft Requlrement
The Trustees have due regard to the guldance set ¢xit under sectlon 17151 of ihe Charltie5 Act 2011.
Or¢anlsatlon
The day-to-day acttvlttes ol the Charlty are to be conducted from ih•lr premlses In London aThd 81rt1ey and at ￿rtted premlses
In otherC￿e$ In tht Uft¢t￿ Xlngdom.
Voluntée
Durlng the perlod vartOV5 Indfvldua15 thelr thme In supportlnK the Charlty'5 actI￿tieS. The value of th15 Support cannot bè
readlly quanfjfi"eiJ and has noi been included In the financlal statements.
Rlsk Management
The Tru5tee5 have assessed the rnajor risk5 to which the Charity is exposed, In partitular those related to the opernttons •nd
hnène•s ol the Charity, and are safjsfied that swerrts are In place to mbtf8aie the Charlty'5 exposure io the malor rlsks.
Independent èNamln•r
A ￿$01￿￿On proposln8 that NIBel Waffi5z bè reapp)inted a5 Independent EXan￿ne1 wlll be p¥oposed at the next Annual
General Meetin8.
The irustees, repjrt was approved by the Board of Tiustett.
E Arjmandi
Trustee
31 October 2024

MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
STATEMENT OF TRusfEE5' RESPONSIBILMES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees are responslb￿f0r prepartn8 the Trustees, Report and the flnanclal statsments In attordanc• with appllcabje law
and Unlted Klngdom Aryountln8 Standards Iunlted KlngdomGeneraltyAccepted Accountlng Prntticel.
The Jaw applICab￿ to tharhle5 In En8land and Wales requ1￿$ thè tru5tee5 to prepare ftnan¢tsl ststements for each fftfiancial
ar whlch gfve a and falr vlew of the stste of affalrs of the chaftty and of the IrKomlng resour￿5 and appllcatknn of
res¢Jurc•softhè tharbtyforthat year.
In preparfngthèsèflnancSal ststement8 thetrustees are rnqulred to:
- selertsuttsble4ccountln8 poltde5 andthen appty them conslstently:
-obs¢Thethe methods and wfinclples kntheCharltle5 SORP,.
- makéludgèmentsand estlmates that are reasonabkand prudeni.
- state wh*her applICab￿ accountlng standards ha4* been followed subject to ary mthrljl departu￿ (Isc105ed and
plakned In the flnanclal 5tstements,' and
- prepare the fi￿ncIal ststeff*nts on the gotng concern basls unless 5t b Inapproprlate to p￿5￿Me that the C￿rfty wlll
contlnue In operatlon.
trustee5 are respon51ble for knepln8 suffl¢lent accountlng recwds that dlsc105e wlth reax>nable at any tlmè the
Ilnjnclal p05Rfon olthe charlty and enable them to ensure thai the flnanclal statements Comp￿ wlth the Charttks Art 2011,
the Charfty Iktounts and Reportsl Requlattons 21YO8 and tht pmflslon5 of the tn* deed. Thty ar• also r•sponslble for
safegvardlng the assets of the charfty and hence for tsking reasonable Steps for the pwention and detetllon of fraud and
other Irregularltles.
The trustees are ￿ponsIb*forthe malntenènce ènd lrteBrfty of thetharlty¥nd finjndil Informatlon Includad on th•
charIty's￿b$￿t. Leglslatlon In the Un￿ed Ktngdorn govemlngthe preparatlon and dissemlnjtlon of finarKlal statements mty
dlfferfrom leg151atlon In otherjur15dlctt0￿.

MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC
SUFISM)
I report to the trustees on ry examlnation of thè finantlal statements of Maktsb Tarl&l￿t Oveyssl Shahma8hsoudl (Sthool of
Islamic 5ufisml (the tha￿ty> forthe yearended 31 tjecember 2023.
Responsfollltles •nd baslsof report
As the tnjstees of the charfty ￿ are re$￿S1b1e for the w¢paTht￿n of the fiThanclal 5fatements in accor&nce wlth the
requtremerrt5 of the ￿rttle5 Act 2011 (the 2011 pAI.
I it￿t In respett of my èxamlnatton of the ch8rW$ lknJntSal statsments othed out under settkni 145 of the 2011 ACL In
carrylni out nry e¥arnlnatlon I hth* followed all the applkabk Dlrectlons 8l¥en by the Charlty Commlsslon under seciion
14515llbl of the 2011 ACL
Indepthdent Lxamlnerfs statement
I have Completed my examlnatlon. l tt>nflrm that no mattws hav• (fjme to my atten￿On ITr connertlon wlth tht eyaminatlon
8Mng rnecau5e to bellth* that In ary matsrlal respert:
accountlng recordswere not kept In resFeCtofthe charity as rwuirnd by sed￿n 130ofthe 2011 A¢. or
the flnanclal statements do not accord wth those records; or
the flnanclal statements do not cornply wlth the appllcable requI￿￿￿ts concernlng the fom) and content of accounts
Set out In the Charitie5 (Awnts and RepJrt51 Regulatlons 2008 other ihaD any ￿qUIreTh*nt that th• accouttts 814* a
true and falrvtew whfjch Is not a mbttercorssldered as Part of an Independent examlnatlon.
I have no tt>rbEern5 and ha¥e tome acrDS5 no other matters In connectk)n w￿h the examtnatlon to wfiich attentlon should be
drawn In thls report In O￿ertoefiabye a properunderstanolng of the finandal #aternents to be reached.
MGR W•st•n KtyiiP
55 Loudoun Road
Stjohn'swood
London
NW8 ODL
Djted: 31 October 2024

MAicfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
STATEMENT OF FINANCIAL AcnvmES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Tthl Unrestrfttd Restrkted
funds
funds
2022
2022
funds
fvnds
endowmÈt￿fr0￿.
Donatlons and le8ac*s
Charltable 8Ctivitl•s
Investrfients
Otherlncornln8 reStyJ￿es
144084
874
7L219
10.202
IL215
156.099
874
71219
10202
121.178
12.873
64.610
11.743
11.257
131435
12173
64.610
11,743
Total In¢ome
227.179
11.215
238394
210.404
11.257
221,661
nd
Qjstof Tr151n8fund5
3.787
3.787
¢724
6.724
Charitsbl• acifviti
64.127
64.127
6S.6M
65.634
Tolal •xpendltur•
67314
67314
72,358
Net8alnsll1055esl on
Irp4estments
25,000
2SmO
118¢ lrtcom•forth•y•8rl
Net mo¥ement Inlunth
184.265
11.215
195Aao
163.046
11257
174.303
Fund balances * Ijafi￿ry 2023
1928A71
194,839
3.123,710
2,765,825
183.582
2,949,407
Fynd bal¥nces¥131 De¢ember
3,113,136
206.053
3,319,189
2.928,871
194839
3.123,710
Thè thtement of finartdal actfv5t￿S Indudes all plns and losses reco8nlsed In ￿ year. All In¢ome and expend6ture der
from contlnulng artfvltle5.
Th• notss on paw 7t0 Isfomi partofth•s•finandal ststemerrts

MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note5
xed a5set5
Tangible assets
Heritsge assets
lrnie5trnent properties
14
840.671
21.824
1.050.DX)
855,857
21.824
1.02S.000
16
1.912.495
1.902.681
Current assets
Debtors
17
36.299
1.439.792
34.152
1.253,$64
Cash al bank and In hand
1.476.091
1.287,716
Creditors: amountsfalling due w￿h1n ohe
year
169,3971
166.6871
Net current assets
I.4(￿.694
1.221,029
Total assets less ¢urrtnt liabilities
3.319.189
3.123,710
Income fvnds
Restritted funds
Unrestrftted funds
206,053
3.113.136
194,839
2,928.871
3,319.189
3.123,710
The accounts were approved bythe Tr￿lee5 on 31 OEtober 2024
E Arirnandi
Trurtee
The notes on pages 7 to 16 form part of these financial ststements.

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANCIAL STATEMEMrs
FOR THE YEAR ENDED 31 DECEMBER 2023
At¢ounll￿po1ICTeS
1.1 A¢¢guntl￿ con¥entlon
Tht accgunts hwe boen preprnd In atctsrdance with appllcable accountln8 rtandards. 'Attourt1￿ ar￿ fteportlrY4 by
tharltles: Statsmeni of Reu>mmended Prnctlce appllcable to charmès preparfn8 thèlr •ctounts In attordance wlth the
Flnanclal Reportlng Stsndard appllcaNe In th• UK aThd Republk of Ireljnd IFRS 1021° and the Chadtle5 Act 2011. The
charfty15 1 Publlc 8•n•fft Entity d¢Aned by FRS 102.
The chadty has tsken ad￿Thta￿ of th¢ prov1￿1￿$ In the SORP for chJrY(les appty1￿ FAS 102 Upd•t• Bulknln I r￿t to
preparg • Stat•m•ni of Cash Flows.
The flnantl#l 5taternents hw• ba•Th prnwred under th• hlrtork•l ¢0# conventlon. The ￿n¢SPI1 •¢¢ountlng pollcles
•doptsd are setlmrt below.
1.2 Goln8 ¢onc•m
At the tlme of apprn￿n1 the fiMn¢lal tst•ments, the tnthles hwe • re•sonJble ey¢tstlon th•t the ¢h•rity his
ldtquite resoiircesto contlnue In operatlon•l exlstence forthe foresttable future. Thus thè trnstees contlnu• to •dopt
th•Wniconc•rn b•slsof attountln8 In pT•p•rl￿th? flfianC￿l thtenwjnts.
IJ Ch•rtt•bl• fundA
GeneAI unr•strtrted funds represent unrestrfct•d Income whlch Is oxpend•bl• at the dlscretlon of the Tru5tee$ In
lurtherjnce of th• objttts of the chirlty. Such funds m•y be held In order toflnance workln8 c•plt41.
Restrittèd funds f•pr•s¢nt IrKome recefved whl¢h Ire allo¢•t•d by the donor fur 5pecffit purpJs•s whkh af• th•r•for•
not w4llJble for other purpose&
L4 Incomlnl resourtes
Donatlons a¢¢¢>￿te￿forofi 4 c•5h recehqble ￿$15.
Rant rwfvablt l$a¢¢ru¢d foron • day to day b•sls.
Inte￿$t Incorne Is iccosfftdforon an a¢cnJal$ ￿$ts.
Income from ch•rhbl• •ctMtlqs Is reco8ntsed when condbtlorbS of recdpt have b•tn m•t and thre Is rusoNble
rnThc• of r•celpt.
oiher IrKomlnq ￿UrCeS are account•d for when condttlons ft>r Tecelpt ho￿ bwn n*t and th•rn bs ￿1￿￿•bI•
•swranc• of r•c•lpt.

MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANQAL 5fATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Icontthwdl
All expenditu￿ 15 acco￿ted foron •n at£nAls ba5i5and has beln IMhKled uThlerexpensecatey*sthat ag8re8ate 011
Go¥ernance costs those IncLwred In the Thyr￿￿1￿ ¢h•rtys assety ty8athth)¢MI ￿m(nI￿NtION and
Tart81b￿r￿d a55etsarE51atedat costlessdeW￿.
I1￿ ￿1thefrAk11*1fil base5:
Freehold laThl and
Plantand eQ￿￿￿Trt
Fixtures andfitti
Land
b3[a￿e
25%￿dUc1￿ balante
Fixed asset 1rNeStn￿ are at at the b3￿￿e sh*t dats. R81lised qJln5 and b55es
In¥esiments are cakulated as the dIffern￿ trthRen sales ￿￿eedS and tstr markn value at the start ofthe year. or
thelr wb5equent m5¢ are Cha￿ or cwEdited to tr* Ststsrnert of fknanclal artTvll*s In the ￿ar of dlspwl.
Unrea115ed galns arhd rewe*rt the rr#y•w￿n1 In market values the year and a￿ crethted charyd to
Inb*stment are SrKILKled in the balanct sheth at thelr open value 35 e#knated ty the trLSt
Depreclatlon Is prrylded onty those wopert*5whtdb arE knehold aThl whre tr* un&¥plred I￿Se term
1sknth1n20￿
IA Herft¥8e 855ets
The natwe of herttay assets the dwly a￿ art*t•* and Strt￿ ¥s*ts are ffÉa5ured at
eltherthdr cost or valuatkn If the I￿•Be asset has been thnated unJe5s thts I[rforn￿ Is not ￿lIable and s￿h
are rKrt revalwl.
Cash and cash eqthateThts In¢kth cash In harf depo4ts W at rall fhlth b￿kS and Bank tyvdraft5
LIO Crndlthvs
In the trar&fer of fwds to • thirf p•rty and the •nwit due to setde tr* obtlptFon can be rne1$u￿ or estlmared

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANCIAL sfATEMENTS (CONllNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
icortknuadl
The tharlty Is eyEnyt from tsx on IrKome and eains wthin the Taxes Act 198& & 505 or the TaKat￿rt of
CharKeaWe Gains Act 1992. 5. 252 to the eX1errtthatt￿* areappl*d to ltsth1riia￿Q￿eC
The d￿rIty ￿ notVATieWsternd As Jsskn*m Intkth ofVAT.
L12 Ftyel8n ewtha
M¢)netary assets Ilabllw d￿¢￿Tha￿d •) ftyew cufferw a￿ transl•trd Into Sterlng at the rates Lrf evthJnKe
Tullngatthe baL4nce sheet date. ￿1 dlflererm I￿ Indth In net (Krtgoing ￿sOUrces.
In the appltstkm of dwrws the trL&ees a￿ to Ma￿ JudgÈmenty esuffates and
a55UrnPtlons ab￿rt the amLx¥rt of assets and Habtiitles that a￿ not reathty apparent from other Sour￿ Th•
e5tknates and assoda*d based on hlstorkal t￿ne1￿* •nd other factty5 that are consldered to
I￿l$ed In the pvlcd In whkh the &mate 15 rv4tsedwPth the rtbrfslon affects ortythrt perto¢ or kn the perfod af
the rwjslon and fvture Wcrftswhere the afferts bothcurrerrt and f￿￿￿e periods.
As thxwlbed In nots 16 to the f￿?￿￿1 5tstWTw¢ mrt*5 ar• at tslr val￿. The used
144W4
IL215
15&099
12L178
11.257
132.435
Èfy)ks and
874
IU73

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANaAL sfATEMENTS (CONnNUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
2021
tsl Incom•
Interest recefvabte
62.024
9,195
61024
2,586
n,219
64.610
Gfft akl
10.202
11.743
10-

MAicfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI {SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANaAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Cortof raIsl￿funds
Unre#rfGtsd Vnrestrf¢ted
fvndl
fitndi
2023
Investment pmpertyco#s
3.787
6.724
3.787
6,n4
thi1￿ble adl¥ltl
2022
6.432
36
1,073
926
5.587
2.917
Bankswthce chary•
AdvertJslTr8
M•ll. ind rt•tlon•ry
Lepl Jnd pthmlonal fee5
R•palrnAnd rna1nten1￿e
G•n•rnl •XF4nses
Doprnclatlon
Telephone •nd knt•rn•t
Utllltl•s
Securlty
Trnvel and subslstsnc•
Grants payalAe
Venue hlrn
26
550
958
1,883
17,270
5,013
10,267
1,419
17,426
L607
6.326
L330
165
58,953
6L033
of oo¥ernarKecosts Ise• not•91
5.174
64.127
Vnre5trkted fvnd5
64,127
64.127
65,634
11

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANaAL STATEMENrs (corinNUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Indepen¢*nte¥•rrdfterfees
5.174
174
5.174
S174
5.174
5.174
The avwage number0ftrL¥*esdurfryts￿?r￿as 312021. 3
Charfty durfngthe ywr.
Durln¢the)wr. ￿trus￿e$l2022. rtonel rnor¥*d rnknlxw5ewertdba¥eL sub51*nt* •nd ott*rexpeTrdlty￿.
The tharlty Is exew frr*n tsxon Tncon*and galnsfamngwlthln seciion 505oftheT•Kw Art 1988 orsecbDn 252 of tr
Tayaiion of thar8eatAe *£t 1992tsthe extrntthatthese are aP￿d to ￿charItable object&
25.W)
-12-

MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI {SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANCIAL sfATEMENfs (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
At l January2023
Addttto
935.￿2
15.765
37M6
989.343
31 December2023
935.692
15.765
39974
.431
At lJanL4ry 2023
Depr￿￿￿Onth?02d In the
14,189
31217
1161
133.486
17.273
14.714
101795
14y7
33378
150.760
At31 December 2023
L178
847.612
L576
855,857
At lJww¥y 2023wKI •¢ 31 Dewnbw2WI
2U24
ID23
Fairvalue
At l January2023
Netgaln5 or k￿$t$ falrvaluea4u5tmerts
L025.(KK*
25.0￿*
13-

MAicfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM)
NOTES TO THE FINANaAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER Z023
17 Del*irs
Arn¢wntsf4lll￿dY*y￿fthlth￿nQ par.
Tradèdebto
Othèrdebtors
prepa￿nts andaccrued Income
231
20,105
15,963
19373
14,779
36.299
34,152
CredIto￿. amowtsf4lllnB duewlthln one￿r
2022
Tr?deUed￿r5
Othercredltors
Accrua15 and deferred Incorr
21,596
19,611
28,190
13.904
19.611
33.172
69,397
66.687
The rnsthctèd f￿￿1$ of the thadty comprlse the unexptnded balances of donatlons and 8rnnts held on trustsubJect to
speclfk¢ondlllons ￿JanoT5 astol￿theY may be u%ed.
Movemert In
funth
Bolanc•at
Incornlng Bal&n￿ at
1 J￿￿￿ry 2022 J•nu8ry2023 rnsour￿l J1 Decer
2023
Movementln
at
Sada8heh
183.582
IIJS7
194,839
IL215
Sufflttent fund5 are held In an approprlate forni to enab￿ Èath fund to be applled In accordarK• wlth the re￿￿¢tIonS
Imposed. The restrkted funds were ertablished as the of dlrectlon$ 8lven by dorK>W5 vknl¢h spedfied that tt
mowt￿$t0 be used for • SPEtlfic wpose.
-14-

MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISMI
NOTES TO THE FINANCIAL sfATEMENT5 (coKllNUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
At31 December2023:
TangIb￿ assets
Herftsge a55ets
.671
2L824
840,671
21124
1.0SOMIO
206.053 1.406.694
Cwrert ￿lI1•bal￿e$l
1.2Q)A41
3.113.136
3.319.189
At 31 D4¢•nberlllll.
Tangtble assets
855AS7
21A24
L025,(K%I
L026.190
8$5￿57
2L824
1.025JYJO
1.22L029
IrNestn*nt wopertyes
Currenta55etsllUabltt*sl
194A39
2928A71
194
3.123.710
obalorganlsth v￿meth¢ MTO:
1rKMths£￿.6II {2022.£19.611} EqthakntofELWO Lov4 thRto KffOGenw.
Otherdebton IKIth £1837012022. £15.0701 th*from MTOTrw
Rental IrKIth £2QiW12022.£20.IXM)l Lérent r•tel¥pdfKThpAfo College.
Maktab Tarpthat Oms9 ShahnkIhx￿ (Sdvjol of ]slan* kn115 a thaiitsbk I￿1￿11ed or8antsatloTh
7he a¢¢ounts are prnp3rEd kn stedfj￿ whlth 15 the lurKtloMI omrty of the chwlty. m￿etrry arn￿ In these
1s-